More Intel layoffs rumoured

Reports suggest another 1,00 could go

Reports circulating in the industry today claim Intel could be about to lay off as many as 1,000 more staff.

A source has reportedly made the prediction in advance of the chipmaker’s looming annual sales meeting in February. But Intel was unavailable for comment.

Any such move would raise questions that the massive redundancies and restructuring announced last year had not done enough to stave off financial uncertainty in its race with rival, Advanced Micro Devices.